NOT LISTED FOR SALE

Estimated Value: $410,000 - $503,000

5 Beds
3 Baths
1,271 Sq Ft
$361/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $400,000 $315 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,904/month

45 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Laundry Room
  • Beattie Middle School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Central Heating

About This Home

As of November 2023

GREAT INVESTMENT OPPORTUNITY!!! The property features two separate units, 3B2b and 2B1b with garage conversion of two 1B1b, providing the opportunity to generate great income streams, while simultaneously reducing the risks associated with relying solely on a single tenant.
This remarkable duplex property offers an exceptional chance for real estate enthusiasts and savvy investors looking to add to their portfolios. Nestled in a convenient location, this gem presents three spacious units that provide both comfort and the potential for impressive rental income.
Additionally, the property has two electric meters, two gas meters, and one water meter. The exterior of the property offers ample parking space, a shared backyard, and separate entrances for each unit, ensuring privacy and convenience for tenants. These features not only enhance the overall renting experience but also contribute to the property's appeal in the market, further increasing its value.

Last Agent to Sell the Property

VICTOR HUANG

Pinnacle Real Estate Group License #02061669 Listed on: 08/28/2023

Pinnacle Real Estate Group

Co-Listed By

Yi Huang

Pinnacle Real Estate Group License #02069285

Pinnacle Real Estate Group

Last Buyer's Agent

Yi Huang

Pinnacle Real Estate Group License #02069285

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,881

Year Built

  • Built in 1955

Lot Details

  • 8,100 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,271 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Standard Electricity

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 0281111140000
  • $408 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,881

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Inclusions: Stove, Washer and dryer in unit 2
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 0281111140000
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1271.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 314.71
  • Room Type: Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Natural Gas Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: San Bernardino City Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8100.00
  • Lot Size Acres: 0.1860
  • Latitude Manual: 34.07271300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8100.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 72.02
  • Tax Lot: 100
  • Tax Tract Number: 27O2
  • TaxOtherAnnualAssessmentAmount: 408.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2024
Sold by
Lopez Robert and Lopez Cynthia
Bought by
Mnn Investments Llc
Current Estimated Value
$458,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,600
Outstanding Balance
$311,192
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$147,194

Purchase Details

Listed on
Aug 28, 2023
Closed on
Oct 17, 2023
Sold by
To Joanne
Bought by
Mnn Investments Llc
Seller's Agent
VICTOR HUANG
Pinnacle Real Estate Group
Buyer's Agent
Yi Huang
Pinnacle Real Estate Group
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Views
191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$300,000
Interest Rate
7.31%
Mortgage Type
Balloon

Purchase Details

Listed on
Aug 28, 2023
Closed on
Oct 9, 2023
Sold by
Joanne To Living Trust and To Joanne
Bought by
To Joanne
Seller's Agent
VICTOR HUANG
Pinnacle Real Estate Group
Buyer's Agent
Yi Huang
Pinnacle Real Estate Group
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Views
191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.31%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 22, 2021
Sold by
To Joanne
Bought by
To Joanne and The Joanne To Living Trust

Purchase Details

Closed on
May 10, 2001
Sold by
Toe Ti Toe K and To Joanne
Bought by
To Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
7.03%

Purchase Details

Closed on
Jun 16, 2000
Sold by
Toe Titoe K
Bought by
To Joanne
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mnn Investments Llc -- Corinthian Title
Lopez Robert -- Corinthian Title
Mnn Investments Llc $400,000 Stewart Title Of California
To Joanne -- Stewart Title Of California
To Joanne -- None Available
To Joanne -- Southland Title
To Joanne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Robert $315,600
Previous Owner Mnn Investments Llc $300,000
Previous Owner To Joanne $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Sold $400,000 0.0% $315 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
09/17/2023 09/17/23 Pending -- -- --
09/09/2023 09/09/23 Off Market $400,000 -- --
09/09/2023 09/09/23 For Sale $399,000 -0.3% $314 / Sq Ft
09/08/2023 09/08/23 Off Market $400,000 -- --
08/28/2023 08/28/23 For Sale $399,000 -- $314 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,881 $408,000 $122,400 $285,600
2024 $4,881 $400,000 $120,000 $280,000
2023 $1,592 $118,181 $29,543 $88,638
2022 $1,566 $115,864 $28,964 $86,900
2021 $1,587 $113,592 $28,396 $85,196
2020 $1,561 $112,427 $28,105 $84,322
2019 $1,522 $110,223 $27,554 $82,669
2018 $1,488 $108,062 $27,014 $81,048
2017 $1,472 $105,943 $26,484 $79,459
2016 $1,452 $103,866 $25,965 $77,901
2015 $1,294 $102,306 $25,575 $76,731
2014 $1,271 $100,302 $25,074 $75,228
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR23153088

California Regional Multiple Listing Service (CRMLS)

APN: 0281-111-14